How Fluxman was paid
$7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Leonard FluxmanExecutive Chairman and Chief Executive Officer | $975,062 | $4,499,984 | $1,445,042 | $95,797 | $7,015,885 |
| Stephen B. LazarusPresident, Chief Financial Officer and Chief Operating Officer | $683,663 | $2,499,987 | $829,920 | $83,721 | $4,097,291 |
| Susan BonnerFormer Chief Commercial Officer | $110,165 | — | $114,465 | $1,092,380 | $1,317,010 |
What changed and why
- $7MCEO total compensation increased to $7,015,885 in 2025 from $6,066,502 in 2024.
- Adjusted EBITDA served as the pre-established annual incentive program performance metric.
- 93%Shareholders approved executive compensation with 93% support at the prior annual meeting.
- PSUs were granted with performance vesting tied to specified Adjusted EBITDA goals.
- Susan Bonner departed the company effective March 17, 2025, receiving severance payments.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.